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Energy stealthily hitches ride in global trade

Fulfilling the world's growing energy needs summons images of oil pipelines, electric wires and truckloads of coal. But Michigan State University scientists show a lot of energy moves nearly incognito, embedded in the products ...

Q&A: What is bitcoin?

Bitcoin has carved out a name for itself as the world's most popular cryptocurrency since arriving on the scene more than ten years ago.

A380 aimed high, but never hit cruising speed

Nearly 30 years ago Airbus began charting a new course for air travel with a mammoth jet that would shuttle hundreds of people to far-flung cities worldwide, but harsh economic realities eventually got the better of the A380 ...

Have policymakers done enough to prevent the next crisis?

It's been more than a decade since the start of the worst financial crisis since since Great Depression. And while measures to strengthen the global financial system have undoubtedly paid off, one question haunts policymakers: ...

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Global financial crisis of 2008–2009

The global financial crisis of 2008–2009 began in July 2007 when a loss of confidence by investors in the value of securitized mortgages in the United States resulted in a liquidity crisis that prompted a substantial injection of capital into financial markets by the United States Federal Reserve, Bank of England and the European Central Bank. The TED spread, an indicator of perceived credit risk in the general economy, spiked up in July 2007, remained volatile for a year, then spiked even higher in September 2008, reaching a record 4.65% on October 10, 2008. In September 2008, the crisis deepened, as stock markets worldwide crashed and entered a period of high volatility, and a considerable number of banks, mortgage lenders and insurance companies failed in the following weeks.

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